Armenian newcomers robbing ATMs detained in Moscow area

YEREVAN, December 14. /ARKA/.  Members of a trade center ATM robbery gang were detained in the vicinities of Moscow, press service of Moscow area department of internal affairs told RIA Novosti.

During half a year the gang earned solely from ATM robberies in trade centers. The criminals managed to steal 15 ATMs and a total of about one million dollars, says the report. The gang was caught red-handed, apart from the ringleader and two accomplices who disappeared.
But they were detained tonight, RIA Novosti was told.

The suspects were immigrants from Armenia who arrived in Moscow area seeking work.
Places of residence were searched and cars used to transport stolen ATMs were examined: the cars, as well as lots of mobile phones used for the crimes were confiscated.
The police established the detainees’ involvement in 15 similar crimes. They were also planning to steal another six ATMs at the end of the year.

A criminal prosecution has been initiated under “Theft” provision of the Penal Code. The offenders may get 10 years of imprisonment. –0–

spot_img

POPULAR

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Armenian banks’ net profit in Q1 2026 increased by 2.3% to AMD 103.5 billion

The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

LATEST NEWS

spot_imgspot_imgspot_img